iBankCoin
Joined Oct 26, 2011
73 Blog Posts

The News Is Full of Attention Whores

It’s a slow FX day so how about a random thought?

The News

Seriously, I don’t know how many of you do it. Watching all these clowns on T.V. spewing their opinions. It seems who talks the loudest get’s the most attention.

Look at me! Listen to me! That guy is a jackass! He’s wrong! No, you’re wrong! How does anyone devise any understanding of anything listening to bull and bear argue with each other day in and day out? It makes me want to sit in my garage, door closed, with the car running.

What you’re watching on the “news” really isn’t news at all. It’s opinion and counter opinion. As a trader the best thing you can do, in my opinion (pun intended), is to close your eyes and your ears and remain as objective as possible. people lie, quite a bit more often than price.

A timeless classic. Enjoy.

 

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4 comments

  1. drschadenfreude

    Its punditry masquerading as news. My twitter feed provides me with a much more coherent stream of actual news.

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    • fxtradex6

      Who do you follow on Twitter? I’ve never really followed news from anybody. It’s more or less viewed as entertainment to me.

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  2. One Helluva Trader

    Like the guy above me said, following a select few on Twitter is all you truly need. I only turn on CNBC when Greece goes fkin ballistic.

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    • fxtradex6

      It is fun to watch when shit hits the fan, that’s for sure. Other than that I can live without it. 🙂

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